A partnership has been announced by wholly owned subsidiary of Pentair Water Process Technology, Haffmans B.V. and energy storage company dCarbonX that will facilitate the UK and Ireland’s ambition to reach their net-zero carbon goal.
In the wake of the International Energy Agency (IEA) 2021 Global Energy Review publishing on its website that carbon dioxide emissions are to surge by 1.5 billion tonnes in 2021, the companies intend to combine their shared expertise in carbon extraction and sequestration technologies to help fight against climate change.
One such method of mitigating climate change is the use of carbon capture, utilisation and sequestration (CCUS). The Review referred to this method as being “the only group of technologies that contributes both to directly reducing emissions in critical economic sectors and to removing CO2 to balance emissions that cannot be avoided – a balance that is at the heart of net-zero emission goals.”
Commenting on the agreement, Tony O’Reilly, CEO, dCarbonX, said, “We are delighted to be working with Pentair, a globally significant player in both carbon capture and sustainability.”
“Our new partnership initiative is designed to provide UK and Irish customers with local, sustainable and competitive carbon sequestration solutions.”
The two companies will focus on different areas of the CCUS process, with Pentair using its Carbon Capture Technology to focus on the extraction, recovery, and purification of CO2 from Irish and UK energy plants. Subsurface sequestration solutions will be developed by GeoEnergy expert, dCarbonX.
Seeing the solutions as a key step in helping the nations achieve net-zero emissions, Jerome Pedretti, EVP & President Industrial & Flow Technologies, Pentair, said, “Delivering smart, sustainable solutions that empower our customers to make the most of life’s essential resources is our mission at Pentar.”
“We are excited to work with dCarbonX, as an expert in subsurface sequestration, to bring forth a unique solution to help accelerate CCS projects in the UK and Ireland as companies work to achieve CO2 reduction and neutrality targets.”
With a strategy to focus on working with medium and small-scale emitters, dCarbonX intend to build the business case of the development for local carbon sequestration capacity.
Carbon handling, shipping costs and emissions can all be significantly reduced by applying local surface sequestration solutions, as opposed to overseas sites, making it the preferred method for companies and customers interested in furthering sustainability.
Local sequestration capacity also provides public and private emitters with independent ‘security of sequestration’, by which future sustainability and competitiveness can be improved.